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TopBuild Announces $750M Senior Notes Offering

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TopBuild Announces $750M Senior Notes Offering

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TopBuild ( (BLD) ) has provided an update.

On September 15, 2025, TopBuild Corp. announced the pricing of its private offering of $750 million in senior unsecured notes due 2034, with an interest rate of 5.625%. The proceeds are intended for general corporate purposes, potentially including acquisitions, and the offering is expected to close on September 25, 2025, subject to customary conditions. The notes will be guaranteed by TopBuild’s wholly owned domestic subsidiaries, but they are not registered under the Securities Act, limiting their sale in the U.S. The announcement highlights TopBuild’s strategic financial maneuvers to support its operations and potential growth through acquisitions.

The most recent analyst rating on (BLD) stock is a Buy with a $487.00 price target. To see the full list of analyst forecasts on TopBuild stock, see the BLD Stock Forecast page.

Spark’s Take on BLD Stock

According to Spark, TipRanks’ AI Analyst, BLD is a Outperform.

TopBuild’s overall score reflects strong technical momentum and strategic growth initiatives, particularly the acquisition of Progressive Roofing. Solid financial performance and improved EBITDA margins further support the score, though challenges in the residential market and valuation concerns slightly temper the outlook.

To see Spark’s full report on BLD stock, click here.

More about TopBuild

TopBuild Corp., based in Daytona Beach, Florida, is a prominent installer of insulation and commercial roofing, and a specialty distributor of insulation and related building material products. The company operates in the construction industry across the United States and Canada, providing services through its Installation segment with over 200 branches nationwide and distributing products through its Specialty Distribution network with more than 150 branches.

Average Trading Volume: 404,265

Technical Sentiment Signal: Buy

Current Market Cap: $11.74B

For an in-depth examination of BLD stock, go to TipRanks’ Overview page.

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